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Old 10-01-2012, 07:54 AM   #11
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We bought the $1800.00 7 year extended for for the second time. The one we have does not transfer, however if you do not use your warranty you get it all back except abt $200.00 which is what we did with the old unit and bought a new contract for the V-Lite. I would do it again in a heartbeat as like I said, with ours we get all the money back except a small amout if we do not use the warranty and that is priceless IMO.
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Old 10-01-2012, 08:28 AM   #12
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Originally Posted by TheSasks View Post
We bought the $1800.00 7 year extended for for the second time. The one we have does not transfer, however if you do not use your warranty you get it all back except abt $200.00 which is what we did with the old unit and bought a new contract for the V-Lite. I would do it again in a heartbeat as like I said, with ours we get all the money back except a small amout if we do not use the warranty and that is priceless IMO.
sasks....What company is your extended warranty thru? I have a second FR year warranty that will run out Oct. 13 th. I have been looking at "Good Sam". I don't think GS gives you a thing back at the end, from what I read on the contract.
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Old 10-01-2012, 08:33 AM   #13
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Get the FR 2nd year warranty. The extended warranties are a rip off. The dealers gets 50% of the fee and is not refundable if you sell the RV.
Agree totally. 2nd year FR only, IMO.
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Old 10-01-2012, 08:42 AM   #14
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sasks....What company is your extended warranty thru? I have a second FR year warranty that will run out Oct. 13 th. I have been looking at "Good Sam". I don't think GS gives you a thing back at the end, from what I read on the contract.
I'll dig out my contract when I get home later today and post the company name for you.
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Old 10-01-2012, 08:43 AM   #15
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If you read reports, reviews and statistics on extended warranties, the conclusion is that they are not cost effective for most people. However, if you are in the minority and have to use the warranty, then it is a wise investment. Opinions really mean nothing. You have to flip a coin and go with the result.
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Old 10-01-2012, 09:05 AM   #16
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We got FR's 2nd year warranty.
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Old 10-01-2012, 09:08 AM   #17
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I'm in the "rip off" camp. If you listen to Clark Howard, he dislikes any type of extended warranties. My DH is really handy and can fix everything and anything under the sun, so we went with the 2nd year FR warranty only.
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Old 10-01-2012, 09:09 AM   #18
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So just so I am clear here, people are willing to pay $150.00 or more depending on the rig for an extra year of warranty that is non refundable which if you could get it for 7 years would be $1050 or more non refundable but yet it is a rip off if they pay 1800.00 and only get 1/2 back at the end of the term if they don't use the policy???
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Old 10-01-2012, 09:31 AM   #19
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We purchased our '07 Lexington from a private party and the extended warranty was transferable for $40...and we used it for the first time last month. Our water heater went out and had a mobile Rv guy fix it...he was kind enough to make the call to the insurance company. Five days after we returned from our trip, we had the check.
We purchased a extended warranty on our '08 Chev Surburban...paid for itself when the A/C unit went out...after the Chevy warranty was done!
Bought an Extended warranty on a large TV for the house...went out 18 months after we purchased it...replaced! Ditto for a GE Profile Refrigerator...replaced after two years.
Extended warranties are the only way to go in our family, but with the RV dealers, you can barter with them on the price....as they do make $ on them. BUT, I will caution you to read the warranties first to find out exactly what they cover...some are not so good! Don't take the dealers word for it....read the contract.
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Old 10-01-2012, 10:04 AM   #20
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Thanks everybody for the input. Can any of you give me the name of the companies the warranties are through? Not sure we want to do it just yet as we have been quoted 1500 for four years. That sounds too high to me. Sounds like some are getting 7 years or so for about the same money.
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